Moment of Clarity: Fatherly Business

Published 6:56 PM ET Sat, 12 May 2007
CNBC.com

He is a proud parent and a successful manager. Joe Simpson happens to be at the top of both columns. Joe Simpson, Baptist minister turned superstar manager, launches one daughter's career under the spotlight of another.

In a balancing act between father and financier, Mr. Simpson has propelled not one, but two daughters into pop superstardom. Jessica and Ashlee Simpson. As Joe told Donny, "I [told Ashlee] well if you want to sing you know the costs because you've watched your sister. So you've got to go do the work, get yourself ready and if that's your gig, then I'll get you to the door, you've got to walk through and the rest is your business."